Description : E-Commerce Times: the E-Business and Technology Super Site
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Supreme Court Grants Federal Agents Broader Surveillance Authority
The U.S. Supreme Court has approved a series of amendments to the federal rules of criminal procedure that would let judges issue search warrants for computers located outside their jurisdiction. Chief Justice John Roberts announced the changes in the Court's interpretation of the rules. They would allow a judge to issue warrants to search for electronic evidence at remote sites, for example.
Oracle Plunks Down $532M for Customer Engagement Firm Opower
Oracle on Monday announced that it has agreed to acquire Opower for $532 million in cash. More than 100 global utilities, including PG&E, Exelon and National Grid, use Opower's customer engagement and energy efficiency cloud services, Oracle said. Opower's big data platform stores and analyzes more than 600 billion meter reads from 60 million end customers of utilities.
Confusion Reigns Over Wright's 'I Am Satoshi' Claim
Five months after being outed -- and subsequently investigated by police and tax authorities -- Craig Steven Wright on Monday stepped forward to claim that he really is the cofounder of bitcoin who operated in secret for years under the name"Satoshi Nakamoto."Wright unveiled himself by penning a lengthy blog post and giving a series of extensive interviews.
The Customer Experience Tipping Point
Sometimes, it takes something drastic to change a business' behavior. Standard procedures can remain in place long after they've become detrimental, but sometimes it takes a tipping point to drive home the fact that failing to change is the surest way to fail. For example, the Ford Pinto's easily ruptured fuel tank could have been remedied with changes that ranged in price from $11 to $1.
Hulu May Offer a Live TV Broadcast Option
Hulu reportedly is in talks to launch a cable TV-like service early next year. Hulu, which is a joint venture of Walt Disney, 21st Century Fox and Comcast's NBCUniversal, is said to be negotiating with Disney and Fox to deliver live broadcast and paid channels, including ABC, ESPN, Disney, Fox, Fox News, FX and Fox Sports. Other programmers and content providers apparently have discussed potential partnerships with Hulu.
Osterloh's Return Suggests Google Just Got Serious About Hardware
Google has rehired former executive Rick Osterloh to lead its hardware businesses, which it plans to consolidate under a single division, according to news reports published last week. Osterloh, who recently stepped down as president of Motorola, reportedly will head up Google's Nexus business, which will include a suite of products dubbed the"living room."
New Facebook Stock Class to Keep Zuckerberg in Driver's Seat
Facebook on Wednesday announced its board of directors is proposing a new class of shares that will allow its founder to pursue a number of different initiatives while maintaining long-term control over the company. The news came on the heels of a blockbuster first quarter earnings report. The plan calls for Facebook to offer non-voting Class C capital stock, which will allow CEO Mark Zuckerberg to pursue his long-term vision.
Salesforce Brings Lightning to Government Cloud
Salesforce on Thursday launched Government Cloud Lightning for government agencies, contractors and federally funded R&D centers. It provides a modern, component-based platform and an intuitive user experience, as well as access to Salesforce's partner ecosystem. It lets users build apps for desktops and mobile devices with Lightning App Builder's drag-and-drop visual interface.
Get Ready for the Mobile Pay Explosion
Who is leading the mobile payment race? There are several players competing today. PayPal started the revolution 15 years ago, and Apple Pay, Android Pay and Samsung Pay have joined the fray. Many newcomers are entering this space on a regular basis. The traditional money space has undergone change with innovations like debit cards and ATM machines, although they took a while to catch on.
Yahoo Expands Board to Appease Contentious Investor
Yahoo on Wednesday announced that it has reached a deal with Starboard Value to add four independent directors, thus avoiding a proxy fight with a key investor that has been seeking radical changes at the company. Under the agreement, Starboard CEO Jeff Smith will join Yahoo as an independent director and will be a member of the company's Strategic Review Committee.
Wall Street Pummels Apple After Weak Q2 Earnings Report
Apple shares were trading at around $95 as of mid-day Thursday in the wake of the company's disappointing Q2 earnings report. That was even lower than Wednesday's opening price, which was down more than $8 from Tuesday's $104.35 at market close. The company's second-quarter performance was dismal. The iPhone recorded its first drop in sales -- to 51.2 million units, down from 61.2 million in the year-ago quarter.
FBI Says Its Hands Are Tied on Revealing iPhone Crack Details
The FBI on Wednesday confirmed its decision not to inform Apple of how it hacked into the encrypted iPhone used in last December's San Bernardino terrorist attack. The bureau was investigating the possibility that deceased shooters Syed Farook, who used the iPhone, and his wife may have had links to other terrorist plots. It also was searching for evidence tying the two to ISIS.
Nokia Buys Into Digital Health
Nokia on Tuesday announced plans to purchase Withings for $192 million in cash as part of its move into the healthcare devices arena. The deal is expected to close in early Q3, and Withings will become part of the Nokia Technologies business."We have said consistently that digital health was an area of strategic interest to Nokia,"CEO Rajeev Suri said.
IT Execs Join Federal Cybersecurity Panel
Key components of the Obama administration's multipronged cybersecurity initiative keep falling into place. One of the most recent developments was the formation of a federal Commission on Enhancing National Cybersecurity. Another was the formal introduction in Congress of the administration's information technology investment plan, which is heavily tilted toward cybersecurity protection.
Regulators Impose Caveats on Charter TWC Merger Approval
Federal regulators on Monday approved Charter Communications' $78 billion merger with Time Warner Cable and its $10.4 billion acquisition of Bright House Networks, but with a number of tough conditions. The Justice Department filed a settlement agreement to block the new company from enforcing any deal that makes it harder for online video distributors to get video content from programmers.
App Dev Today
Last year, I researched the impact of the proliferation of cloud computing on business. I know it sounds like a dry topic, but if you are a CIO or an application development manager, the results can have serious meaning. Cloud computing has deeply penetrated the enterprise and SMB ranks, and 46.3 percent of respondents said they had four or more cloud applications in use.
Crafting an Online Strategy, Part 4: Homegrown Marketing
As a maker in an e-commerce world, you have to get the word out about what you're creating. Whether you're crafting candles or jewelry, marketing leads to sales. It's one thing to set up a booth at a craft fair and meet customers face to face, but it's another thing entirely to market online. Becoming comfortable with digital marketing techniques needs to be one of your primary priorities.
Google's 'Area 120' Incubator Aims to Keep Innovation In-House
Google has been working on an incubator that would let employees pitch business plans and work full time on approved projects while remaining on its payroll, according to news reports published this week. The incubator, to be called"Area 120,"will be led by Don Harrison, VP of corporate development, and Bradley Horowitz, VP of streams, photos and sharing.
Apple's Q2 Report Expected to Be Light on Good News
Apple shares closed at $105.08 Monday -- down 60 cents -- as the market steeled itself for what's expected to be a gloomy quarterly earnings call on Tuesday. Apple will underperform the smartphone industry and become the only global top-five brand to see shipments decline in 2016, predicted Ming-Chi Kuo, a KGI Securities analyst who previously has made several accurate calls on the company.
Apple's Books, Movies Fall Victim to Chinese Crackdown
The Chinese government ordered Apple to shut down its iBooks and iTunes Movies services in the country, according to news reports published last week. China's State Administration of Press, Publication, Radio, Film and Television reportedly called for the closure. The government in February announced a policy banning all foreign media from publishing in China without direct approval.
The Successful B2B Relationship: It's About Time
Respect is a vital ingredient in any mutually beneficial relationship, and that's never truer than in the case of business-to-business buyers and sellers. The most elementary way a seller shows a commitment to a healthy customer relationship is through an ongoing display of respect. That means a relationship in which the seller shows an understanding of the buyer's needs.
Treasury Department Examines Internet's Impact on Finance System
Information technology -- especially the Internet -- can have a positive impact on the U.S. financial system. Used improperly, however, such tools can wreak havoc on the financial sector and consumers. The Office of the Comptroller of the Currency, a unit of the U.S. Department of the Treasury, has launched an initiative on the future of e-commerce finance in light of technology innovation.
Unicorn Herd Threatens Silicon Valley, Warns VC
The age of Unicorn investing has led to alarming overvaluations of startups that could result in an afterparty roll call not seen since 1999, Silicon Valley VC Bill Gurley warned Thursday.Gurley, a general partner at Benchmark, raised a red flag over the large number of tech startups valued at more than $1 billion, and suggested that the rise of Unicorn fundraising has put the financial health of the industry at risk.
Volkswagen Agrees to Fix or Buy Back Dirty Diesel Cars
Volkswagen has reached an agreement to repair or replace about 500,000 diesel cars in the U.S., according to court documents released Thursday. The cars were equipped with software designed to deceive emissions tests. Under the agreement, announced Thursday in U.S. District Court in San Francisco, Volkswagen will pay back an undetermined amount of money to owners of the affected vehicles.
Intel Pivots From PCs to Cloud
Intel this week announced that it would slash 12,000 jobs as part of a restructuring plan to focus more on cloud-based computing and the Internet of Things and less on PCs. The cuts, which will involve about 11 percent of Intel's global workforce, will be achieved through voluntary retirements and layoffs, the consolidation of job sites, and a re-evaluation of existing and planned programs.
EFF Sues DoJ Over Secret Data Decryption Requests
The EFF has filed suit against the Justice Department seeking to learn whether the federal government secretly ordered technology companies to decrypt the private communications of their customers. Such orders could place millions of customers in harm's way, the complaint says. The suit seeks the release of records originally requested last fall under the Freedom of Information Act.